IAC Form 4/A: Alexander von Furstenberg reports 106,177-share disposition

Rhea-AI Filing Summary

Alexander von Furstenberg, a director of IAC Inc. (IAC), filed an amended Form 4 reporting a disposition of 106,177 shares of IAC common stock with a transaction date of 06/23/2025. The amendment was filed on 06/25/2025 and the Form 4/A was signed by an attorney-in-fact on 10/02/2025. The filing explains that the reporting person holds 85,034 shares directly (including trust holdings) and 21,143 share units accrued under the Non-Employee Director Deferred Compensation Plan (the "Deferred Shares"). The Deferred Shares figure was adjusted following IAC’s Angi spin-off on 03/31/2025, which distributed Angi Class A shares to IAC shareholders by special dividend.

Positive

• Deferred Shares adjusted to 21,143 following the Angi spin-off, clarifying deferred-compensation holdings
• Form 4/A provides updated, transparent disclosure of director's security holdings and a prior corporate transaction (Angi spin)

Negative

• Disposition of 106,177 shares on 06/23/2025 reported (insider sale recorded)
• No sale price disclosed in the provided content, so proceeds and impact on ownership stake cannot be determined

Insights

Corporate Governance Expert

TL;DR: Director reported a significant share disposition and updated deferred-share balance after the Angi spin.

The filing shows a disposition of 106,177 shares on 06/23/2025, which materially changes the reporting person's direct holdings. The report also documents an updated deferred-compensation balance of 21,143 share units following the Angi spin-off on 03/31/2025.

This is a routine Section 16 disclosure: it records an insider sale and clarifies ownership composition between direct holdings and deferred-share units, improving transparency about the director’s post-spin ownership.

Equity Markets Expert

TL;DR: The 106,177-share disposition is a measurable insider sale recorded publicly.

The report lists the transaction code V and a Disposition (D) of 106,177 common shares, with no price disclosed in the provided text. Such filings can be used by market participants to track insider activity, but this form alone does not state proceeds, remaining beneficial ownership totals, or reasons for the sale.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Von Furstenberg Alexander

(Last) (First) (Middle)

C/O ARROW FINANCE

555 WEST 18TH STREET

(Street)

NEW YORK NY 10011

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
IAC Inc. [ IAC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/23/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)
06/25/2025

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.0001								106,177(1)(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. lncludes: (i) 85,034 shares of lAC common stock held directly by the reporting person (personally or through a trust, of which the reporting person is the grantor/sellor, sole trustee and sole beneficiary) and (ii) 21,143 share units accrued under the Non-Employee Director Deferred Compensation Plan as of the date of this report (the "Deferred Shares").

2. On March 31, 2025, IAC completed the spin-off of its ownership in Angi Inc. by means of a special dividend of all of the shares of Class A Common Stock then held by IAC to holders of its common stock and Class B common stock (the "Angi Spin"). This Form 4/A updates the amount of Deferred Shares accrued by the reporting person to reflect the adjustment following the Angi Spin.

Remarks:

	/s/ Kyra Ayo Caros as Attorney-In-Fact for Alex von Furstenberg	10/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Alexander von Furstenberg report on Form 4/A for IAC (IAC)?

He reported a disposition of 106,177 shares of IAC common stock with a transaction date of 06/23/2025 and an amended filing date of 06/25/2025.

How many IAC shares does the filing say von Furstenberg holds directly?

The filing states he holds 85,034 shares of IAC common stock directly (including trust-held shares).

What are the 21,143 "Deferred Shares" mentioned in the Form 4/A?

They are share units accrued under the Non-Employee Director Deferred Compensation Plan, totaling 21,143 after adjustment following the Angi spin-off.

Did the filing disclose the sale price or proceeds from the 106,177-share disposition?

No. The provided Form 4/A content does not disclose a sale price or proceeds for the transaction.

Was the disposition related to IAC’s spin-off of Angi?

The filing notes the Angi spin-off on 03/31/2025 and states the Deferred Shares were adjusted after that event, but it does not state that the 06/23/2025 disposition was caused by the spin-off.